EUR/USD – 30M – SELLThe combination moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 1.09000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 1.09546 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.09228448 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 1.09546 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09968 |
| 2nd High | 1.09806 |
| Next High | 1.09546 |
| Current Price | 1.09387 |
| Next Low | 1.09000 |
| 2nd Low | 1.08817 |
| 3rd Low | 1.07816 |